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Building Your Money Machine

080 The Stock Market is CRAZY ... With Opportunity

01 Aug 2022

Description

I don’t need to tell you that we are having some big shifts in the economy, prices, the stock market, and anything having to do with your money.I get it, changes are part of life. You can’t avoid or fully anticipate them but you definitely can prepare for them. Every choice you make comes with a risk, and your capacity to take on that risk will depend on how well-informed you are. To put it simply, the more you know about things, the more you can control their outcome.When the market is unpredictable and volatile, you will most likely see changes coming your financial way. It will hit your retirement, your savings, and your everyday living. That’s why understanding how the market is shifting is such an important part of The Affluence Blueprint and for an Affluent Entrepreneur like you.Once you understand how your environment is operating, you can determine whether or not an investment opportunity is good or bad for your portfolio.In this episode, I’m talking about some of these changes and how important it is to see the big picture to understand how to face them. What we’re experiencing right now is the type of situation that could become an opportunity for some, you just need to learn to put on your long-term-lens and be patient. Today our conversation includes:How to face the changing market we’re living in.Steps to take into consideration when facing changes in the market.The importance of being informed when making financial decisions.Resources used:Ep 70: How to avoid risk in investing.Ready to set an unshakeable financial foundation?Join the VIP EXCLUSIVE LIVE Experience called The Affluent Entrepreneur LIVE. It is totally FREE and it will be a 3-part deep dive into money, wealth, and the exact process you need to take control of your financial destiny. Go here to get on the priority VIP list www.AffluenceLive.com Connect with me:Website: MelAbraham.comSubmit Your Questions: AskMelNow.com YouTube: MelAbraham.com/tube/Instagram (@melabraham9): MelAbraham.com/ig/Facebook Group: MelAbraham.com/group/TikTok: https://www.tiktok.com/@melhabrahamCheck out my book:“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” - melabraham.com/book/ 

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